India has Created a Unicorn Every Five Days in 2022 So Far, Says Piyush Goyal
Starting 2022 on a high, 8 new Indian startups have made it to the list of Unicorns in the first 40 days of the year. Making the announcement on Twitter, Minister of Commerce, and Industry, Piyush Goyal revealed that India has created a unicorn every five days in 2022 so far. https://twitter.com/PiyushGoyal/status/1492377133209223169?s=20&t=_R1JER_Se3-eGa847O9vvw Earlier last month, Goyal, while speaking at the inaugural ceremony of the Indian Startup India Innovation Week, had pushed for nurturing 75 new unicorns by the end of 2022, reported LiveMint. Noting that half of the total 83 unicorns had reached $1 billion valuations in 2021 alone, the minister said that companies eye to add 75 new unicorns in 2022. The US added 487 new companies to the unicorn club whereas China added 301 new startups to the list.
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